NCUA Chairman Hood to testify before Senate, House banking committees

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NCUA Board Chairman Rodney Hood will testify before the U.S. Senate Committee on Banking, Housing and Urban Affairs on Thursday, Dec. 5. Hood will be joined by Randal Quarles, vice chairman for supervision of the Federal Reserve System’s board of governors, and Jelena McWilliams, chairwoman of the Federal Deposit Insurance Corporation.

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DFS statewide student loan town hall tour outlines ‘Borrower Bill of Rights’

NYDFS-Logo-300x300Linda Lacewell, super intendent of the state Department of Financial Services, is in the midst of a statewide town hall tour to advise student borrowers of their rights and discuss directly with parents and students about their experiences with paying their educational loans.

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Financial regulators revise Business Continuity Management booklet

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The members of the Federal Financial Institutions Examination Council, including the NCUA, last week released an updated Business Continuity Management booklet intended to help examiners determine whether management addresses risks related to the availability of critical financial products and services.

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